Using value analysis to design to objective cost (DOC)

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FIC1662 V1 Practical sheet

Using value analysis to design to objective cost (DOC)

Author : Jean-Pierre PAYRE

Publication date: May 10, 2019 | Lire en français

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AUTHOR

  • Jean-Pierre PAYRE : Senior project manager – Project management consultant, Grenoble, France

 INTRODUCTION

The objective-cost design approach will enable us to design the product so that it fulfills its functions and meets the need strictly, at the lowest possible cost.

Using the value analysis approach and target-cost design, it will be possible to design products that satisfy specified needs, under the most advantageous economic conditions.

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